Shareholder Class Action

     Shareholders claim MAT Five LLC defrauded them with false and misleading statements in its Private Placement Memorandum. Also sued in Manhattan Federal Court are Citigroup Alternative Investments LLC, Citigroup Fixed Income Alternatives, Citigroup Global Markets Inc., and Reaz Islam.

     Winmill & Co.’s controlling shareholders are taking the company private through an unfair share buyback plan, shareholders claim in a derivative complaint in Delaware Chancery Court.

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